#CryptoRegulation
🚨😱 Crypto crash of 500 billion: What happened?
📉 The market is in panic:
500 billion vanished within 24 hours
Bitcoin dropped 12% (below 54 thousand)
Ethereum dropped 15% (below 2800)
Alternative coins like $SOL
plummeted more than 20%
🔥 Reasons:
1️⃣ Economic shocks – rising interest rates and inflation fears
2️⃣ Regulatory rumors – talk of tightening from America and Europe
3️⃣ Liquidation massacre – 2.1 billion dollars from long positions evaporated
4️⃣ Whales sold – large wallets started selling, causing panic
The question is: What will the market's reaction be?